Nov 26, 2012 6:00am PST
important clients. the south korean government haho government officials have discounted corporate taxes and offered up land at cheap prices. >> translator: p d d d d d d d t orter: managers of lationship japanese firms jumped at the south koreans' offer. last year investment added up to $22 million u.s. dollars, four times what it was eight years ago. behind me is the industrial estate that opened three years ients clinininininininininininin manufacturer opened a factory ten kilometers away from their companies worked together to smooth out the production process. they discovered then fixed a glitch in one production line. the change cut costs for both sides. they say they could have only made such progress by working face to face. >> translator: now the japanese companies can supply us with more glass products, and we can bring in good materials. so for us it's a huge advantage. >> reporter: some say in the moment people in both countries see the tensions through a magnifying glass. they say both japanese and south koreans get along just fine, that they've reached a sense of maturity.
Nov 26, 2012 9:30am PST
. a controversial mining law calls for higher taxes and guarantees the state a 15% share in the mining enterprise. >> the new mining law has not been a bad thing. it preserves the interests of the guineans, but we've not driven away foreign investors. the proof is that they continue to be here every day. the interests of the investors are taken into account because they are very important for us. those who show confidence in guinea, and put their capital here, should be compensated properly and find political stability. >> by evening the freight train from the capital conakry has finally arrived at the mine. it's hours late due to problems unloading the last batch of ore. the rain caused the bauxite in the open cars to clump together. the shift supervisor urges the loading workers to hurry. a phone call from the harbor. a ship is waiting to take the bauxite to ukraine for processing. guinea has no aluminum plant of its own -- another reason why this country profits so little from its vast mineral resource. >> and that's all we have time for on this edition of global 3000. if you want to get in to
Nov 26, 2012 2:30pm PST
of the eu executives say the member states say increase in carbon tax is an affordable in cash-strapped times. >> the members are open to come up with concrete cut to cut these gases up the conference. >> with so many lights glowing in the night at thousands of cars rolling through the city, it they do not seem too worried about global warming. qatar's initials are highest in the world. >> they are ambitious open for change on global level. they want to work to a new agreement that will take effect by 2020. >> this is a historic conference. it is a vital importance, considering the items on the agenda. it is a turning point in the negotiations on climate change. >> breyer's, experts have sounded urgent warnings about melting polar ice and extreme weather. they say that in order to limit global temperature rise to two degrees celsius, greenhouse gas emissions must be kept low, but total emissions are still rising every year. many experts believe may it already be too late. temperatures could surge by of to four degrees celsius this century. compared to pre-industrial levels. the